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Friday, March 27, 2020 IFEZ signed a mutual cooperation agreement with BGF Ecobio, an eco-friendly high-tech biodegradable plastic product manufacturing company. With this conclusion, BGF EcoBio will build an eco-friendly high-tech product development and manufacturing facility by investing approximately 49.3 billion won in project cost at 15,623m2 of Incheon Hi-Tech (IHP) located in Cheongna International City. It will start construction in August 2020 and be completed in March 2021.